Groundnut Prices in Nigeria – Per KG & Ton (2024)

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Groundnuts, also known as peanuts, are a beloved snack and a staple ingredient in Nigerian cuisine. Whether boiled, fried, or roasted, groundnuts offer a delicious treat for all occasions. But beyond being a tasty snack, groundnuts hold significant economic importance and health benefits. In this comprehensive guide, we’ll explore everything you need to know about groundnuts in Nigeria, from their prices to where to buy them in bulk, and their incredible health advantages.

Prices of Groundnuts in Nigeria:

As with many food products, the prices of groundnuts in Nigeria can vary due to factors like location, season, vendors, and market conditions. As of March 11, 2024, here are the prevailing prices in Kaduna State, one of Nigeria’s major groundnut-producing regions:

  • 50kg bag of groundnuts: Starting from N62,000
  • 100kg bag of groundnuts: Starting from N124,000
  • 1 ton of groundnuts: Starting from N1,240,000

Note: These prices are subject to change based on various factors.

Where to Purchase Groundnuts in Bulk:

If you’re looking to buy groundnuts in bulk, it’s wise to consider visiting major groundnut markets in Northern Nigeria, where groundnuts are primarily cultivated. States such as Kano, Jigawa, Kaduna, Sokoto, Zamfara, and Kebbi have the highest production rates. Alternatively, you can also purchase from markets in Kogi, Niger, Kwara, Nassarawa, Taraba, Plateau, Benue, and the FCT Abuja. However, for retail purchases, local markets are recommended.

Health Benefits of Groundnuts:

Groundnuts offer a plethora of health benefits, making them a valuable addition to any diet:

  • Rich in antioxidants: Groundnuts contain phenols, antioxidants that protect skin cells from damage caused by free radicals.
  • Healthy fats: Contrary to common belief, the fats in groundnuts are healthy and can promote heart health and lower cholesterol levels.
  • Protein source: Groundnuts are a rich source of plant-based proteins, essential for muscle building and repair.
  • Weight loss aid: Despite being calorie-dense, groundnuts can aid in weight loss by promoting satiety due to their protein and fiber content.

Conclusion:

Groundnuts are not just a delicious snack; they are a vital part of Nigerian culture, economy, and diet. With their versatility, affordability, and numerous health benefits, groundnuts remain a cherished food item across the country. Whether you’re enjoying them as a snack or incorporating them into your meals, groundnuts offer a tasty and nutritious addition to any diet.

FAQs:

  1. Are groundnuts expensive in Nigeria? Groundnut prices can vary depending on factors like location, season, and market conditions. However, they are generally affordable, especially when bought in bulk from major producing regions.
  2. Where can I buy groundnuts in Nigeria? You can purchase groundnuts from local markets for personal consumption. For bulk purchases, visit major groundnut markets in Northern Nigeria or designated markets in other states.
  3. Are groundnuts healthy? Yes, groundnuts are packed with antioxidants, healthy fats, proteins, and fiber, making them a nutritious addition to any diet. They offer various health benefits, including improved heart health, skin protection, and weight management
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